A General Theory of Competition develops a ground-breaking new theory of competition - `resource-advantage theory?.Recent thinking on competition has assumed the premises, structure and implications of the theory of perfect competition.In his long-awaited book Shelby Hunt draws on economics, management, marketing and sociology to articulate resource-advantage theory. The author proceeds to illustrate how and why his theory may be used to explain and predict economic phenomena with great accuracy.This volume is extremely well-referenced, with detailed source notes.